SWIFT/BIC code BPMIITM1415
BPMIITM1415 belongs to Banca Popolare di Milano S.P.A. in Olgiate Molgora, Italy.
Code details
| SWIFT/BIC code | BPMIITM1415 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | 415 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | Olgiate Molgora |
| City | Olgiate Molgora |
| Country | Italy |
How the Banca Popolare di Milano S.P.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BPMI Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- 415 Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which bank uses SWIFT code BPMIITM1415?
BPMIITM1415 identifies Olgiate Molgora, a unit of Banca Popolare di Milano S.P.A. in Olgiate Molgora, Italy. Only use it if the account is held at this specific branch.
What is the cheapest way to send money to Banca Popolare di Milano S.P.A.?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send – the difference can be large.
What happens if I enter BPMIITM1415 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check BPMIITM1415 against the details from Banca Popolare di Milano S.P.A. before sending.
What does each part of BPMIITM1415 stand for?
BPMI is the bank code of Banca Popolare di Milano S.P.A., IT stands for Italy, M1 is the location code and 415 identifies the department Olgiate Molgora.
Can I use BPMIITM1 instead of BPMIITM1415?
BPMIITM1 is the head office of Banca Popolare di Milano S.P.A., while BPMIITM1415 is Olgiate Molgora. Most international transfers work with the head office code, but use BPMIITM1415 if the recipient asks for it.
Do I need BPMIITM1415 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you still need BPMIITM1415.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.